Skip to main content

Keep an Eye Out for AI Scams

Summary Artificial intelligence is creating new opportunities—and new risks. Learn how scammers are using AI tools and stay ahead.Key Takeaways
  • AI can be used to create convincing scam messages and impersonations.
  • Verify unexpected requests before responding.
  • Be cautious of messages that create panic or urgency.
  • Stay informed about emerging scam tactics.
If there’s anything we know for sure about scammers, it’s that they’re going to take advantage of new technology. Artificial Intelligence (AI) is creating a buzz right now – and making it even harder to tell the difference between what’s real and what’s totally made up.
Here are three common AI scams to be aware of:
  • Deepfakes – This happens when scammers use AI to impersonate someone, usually a famous person. Software pulls existing photos, videos and audio from a celebrity and can publish this “person” saying and doing things online, leading you to believe they’re actually endorsing a product or investment scheme. Do a Google search of these products and services to check their legitimacy.
  • Voice Cloning – A form of deepfake, this scam is able to make a caller sound just like your loved one or friend. Voice clone scams often target grandparents, wanting them to believe a family member is in trouble and needs money. If you receive a call like this, hang up and call your loved one directly.
  • Convincing “Phishing” Attempts – AI tools like ChatGPT can create calls, texts or emails in seconds that are grammatically correct, friendly and natural. But they’re really fishing for info to steal your money or identity (see where the scam’s name comes from?). If you’re not sure if the communication is real, contact the organization (financial institution, insurance company, etc.) directly.
If you think you’ve been a victim of an AI scam, reach out to us right away at 800‑236‑5560.Please share details with us when you hear of, or experience, a possible scam at ! This helps us inform and protect our members and community.

Want More Fraud-Fighting Tips?

Keep exploring more ways to  Sources:
Experian 
MoneyWeek You might also be interested in Stay alert: Scammers are impersonating Summit with increasingly convincing tactics. Learn the red flags and protect your information... Fraudsters are posing as the FBI or major companies to steal money—never send cash or wires to unknown callers... Summary Unexpected messages can be more than an inconvenience—they can be a scam. Learn how to spot phishing attempts and make confident decisions before... Summary Tax season creates opportunities for scammers looking to steal personal and financial information. Stay alert and protect your identity by recognizing... Hosting dinner parties. Heading to your in-laws’. Hustling to order those perfect gifts. It’s the season for cheer and goodwill, and unfortunately also... Scammers are getting better and better at making fake links look legit. So before you click on that URL (the string of letters that makes up a web address)... Hey there, fellow fraud-fighters! Have five minutes to bust some common myths about scams? Because the more you know, the more you can stop fraudsters... Summary Your Social Security number is one of your most valuable pieces of personal information. Learn how scammers try to access it and what you can... Summary Artificial intelligence is creating new opportunities—and new risks. Learn how scammers are using AI tools and stay ahead. Key Takeaways AI can...